Standard BioTools (LAB) CFO sees stock withheld for taxes
Rhea-AI Filing Summary
STANDARD BIOTOOLS INC. (LAB) reported that Chief Financial Officer Hanjoon Alex Kim had 28,195 shares of common stock withheld on August 20, 2026 to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units. This was a code F transaction, meaning shares were delivered or withheld for tax payment rather than sold in the open market. After this withholding, Kim directly held 2,534,859 shares of STANDARD BIOTOOLS common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 28,195 shares
Net Sell
1 txn
Insider
Kim Hanjoon Alex
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 28,195 | $0.672 | $19K |
Holdings After Transaction:
Common Stock — 2,534,859 shares (Direct)
Footnotes (1)
- F1. The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of restricted stock units granted to the reporting person on May 20, 2024, March 21, 2025 and March 20, 2026, which grants were originally reported on Form 4s filed with the U.S. Securities and Exchange Commission on May 21, 2024, March 24, 2025 and April 8, 2026 respectively.
Key Figures
Shares withheld for tax: 28,195 shares
Price per share: $0.6720 per share
Shares owned after transaction: 2,534,859 shares
3 metrics
Shares withheld for tax
28,195 shares
Common stock withheld on August 20, 2026 for tax withholding obligations (code F)
Price per share
$0.6720 per share
Value applied to the 28,195 withheld shares in the code F transaction
Shares owned after transaction
2,534,859 shares
Direct holdings of CFO Hanjoon Alex Kim after the August 20, 2026 transaction
Key Terms
restricted stock units, tax withholding obligations, Form 4
3 terms
restricted stock units financial
"tax withholding obligations that arose upon the vesting of restricted stock units granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares were withheld from the reporting person to satisfy the tax withholding obligations"
Form 4 regulatory
"originally reported on Form 4s filed with the U.S. Securities"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did STANDARD BIOTOOLS (LAB) report for its CFO?
The CFO, Hanjoon Alex Kim, had 28,195 shares of STANDARD BIOTOOLS common stock withheld on August 20, 2026 to cover tax withholding obligations from vesting restricted stock units. This was a code F Form 4 transaction, not an open-market sale.
What does the code F transaction mean in the STANDARD BIOTOOLS (LAB) Form 4?
Code F in the Form 4 indicates payment of tax liability by delivering or withholding securities. For STANDARD BIOTOOLS, 28,195 shares were withheld from CFO Hanjoon Alex Kim to satisfy tax withholding obligations on vested restricted stock units.
Which equity awards caused the tax withholding in the STANDARD BIOTOOLS (LAB) Form 4?
The tax withholding arose from the vesting of restricted stock units granted to CFO Hanjoon Alex Kim on May 20, 2024, March 21, 2025, and March 20, 2026, as referenced in earlier Form 4 filings.
AI-generated analysis. How Rhea-AI works. Not financial advice.